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Showing posts with the label John Maynard Keynes

THE TRUTH: Bush Tax Cuts Created More Jobs Than the Obama-Pelosi Spend Your Way to Hell Plan

Barack Obama made George Bush the target of his 2008 campaign. He blasted President Bush repeatedly for the “ failed policies of the last 8 years. ” He said it was a defining moment in this nation’s history and his policies would bring the country more prosperity and employment. He lied. Now we know the truth. Not only were more jobs lost after the 9-11 attacks in 2001 than in the 2008 market crash, but more jobs were created by President Bush’s pro-business policies and tax cuts than by the Obama-Pelosi “spend your way to hell” Keynesian failure . The Foundry reported, via HotAir : For objective observers the failure of President Obama’s $862 billion stimulus has become increasingly difficult to deny. But not for the White House. Last week, Vice President Joe Biden told Charlie Rose on PBS that the stimulus was  “an absolute success.” Betraying a common perception about unemployment, Biden  told Rose: “[W]e lost 8 million brand new jobs … s...